I was always wondering what the correlation is between wealth and education - The Unofficial BMW M5 Messageboard (m5board.com)

LSM · 6th April 2002, 04:16

Just wondering what all your education levels are? It seems we have some very intellegent people on this board

LSM · 6th April 2002, 04:21

I have a Bachelor of Business Administration degree

atomic80 · 6th April 2002, 07:10

Bachelor's degree in Psychology and Associate's degree in Media Communications & Technology (read: Graphics design).

I should have gone on to mention that this is in no way directly responsible for my wealth. I contribute that to a number of years spent doing hard work!

Gustav · 6th April 2002, 07:17

Interesting thread.

Have done 170 out of 180 p of my M Sc education at www.kth.se

M PHATIC · 6th April 2002, 07:30

Doctor of Veterinary Medicine, but no correaltion to wealth. My greatest asset is my family!

CM5GO · 6th April 2002, 07:55

Bachelor of arts in Psychology. Minor in Religious Studies.

Did not directly use my degree in my profession. (use it indirectly every day of my life)

b56tc · 6th April 2002, 08:05

It's not that you have to be educated to accumulate wealth.

You definitely have to be smart, it seems.
Education just seems to stack the deck a little.

56

bobafett · 6th April 2002, 08:46

What about those of us who are still IN college. No fair.

Maybe I'll never finish (err, yeah right), maybe I'll go straight onto my JD/MBA and finish it off with a PhD in Finance. Who knows.

--Dan

chunpng · 6th April 2002, 08:47

Bacholar and Master in Engineering and an MBA.

Echo other's point on hard work. But being street smart, a team player, a problem solver, great planning and organization skills will get you much further.

CP

louv · 6th April 2002, 09:39

In some fields the degree is critical; if you don't have it no one will even talk to you since there are lots of other folks with degrees. Or the education gained with the degree is absolutely necessary (like an MD)

In other fields, it just doesn't matter. It might help you get in the door, but once you have a few years of experience under your belt, no one really cares.

And if you run your own business... well, fire yourself if you don't have a degree!

I've got 15 years of experience in my field. Nobody cares if I have a degree or not at this point. Skills, experience, hard work, and reputation are key. In my field, reputation is critical. If you are a screw up, word gets around and mysteriously you don't get the jobs you thought you should have gotten. It's a small world, and everyone knows everyone else. Keep your nose clean, do honest hard work, be a team player, and people will want to work with you.